AUSTIN--Austin-area single-family home sales and home prices hit an all-time high for the month of February, according to the February 2015 MLS report released Friday by the Austin Board of Realtors. However, the volume of townhouses and condos purchased in the Austin area in February was 201, a four percent decrease from February 2014.

“Single-family homes will always be a part of Austin's fabric, but Austin's city leaders should consider housing types that cost less to develop and can allow for a greater range of affordable infill options, such duplexes and small apartment buildings, in neighborhoods where they are needed most,” Barb Cooper, president of the Austin Board of Realtors, told GlobeSt.com.

The median price for condos was $196,580, which is five percent less than the same month of the prior year. When compared to February 2014, these properties spent the same amount of time on the market, or an average of 50 days.